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Is Your Family “Too Young” to Need an Estate Plan?

I hear this very often.  We are still young, we do not need an estate plan. This was also my idea five years ago until my little precious was born. 786 more words


Where to Create your Real Estate LLC

So You Want to Start a Business. Where Do You Begin?

This isn’t a figurative question: one of the main things we get asked about is where—geographically speaking—an investor, who’s buying and selling real estate, should set up a business entity. 1,362 more words

Asset Protection

Explaining Domestic Asset Protection Trusts

What Are Domestic Asset Protection Trusts?

As a means of protecting wealth, many people seek ways of minimizing tax implications while establishing plans to pass assets to beneficiaries after they die. 966 more words

Asset Protection

Bird-Doggin’ It: How to Keep Your Real Estate Nest Feathered!

“I’ve got the brains. You’ve got the looks. Let’s make lots of money.”

Ah, the Pet Shop Boys said it first, right? But it’s got an undeniable application here, in the field of real estate and investments. 1,245 more words

Asset Protection

New Tools for Asset Protection and Estate Planning

Individuals in Michigan seeking to protect assets from creditors no longer have to transfer their assets to Delaware, Nevada or Alaska.  Effective February 5, 2017, the Qualified Dispositions in Trust Act, Domestic Asset Protection Trusts, Public Act 330 of 2016, will allow the owner of trust assets to retain and protect his or her assets from creditors, while still retaining the power to direct investment decisions, the power to veto distribution 514 more words

Estate Planning Attorney

Contributing to a Roth IRA through the Backdoor in 2017

Many high income earners believe that they cannot contribute to a Roth IRA.  This is because they are unaware of the loophole they can use by contributing through the backdoor. 1,142 more words

Estate Planning Attorney

8 Pretty Good Things For Seniors To Remember at Tax Time

Tax day, which is April 18th in 2017, is approaching and it is time to begin crossing T’s and dotting I’s in preparation for paying taxes. 541 more words

Financial Planning